New: A daily newsletter defining what matters in business and markets

Stories

Trump wants a deal with Russia to cooperate in Syria

Alexei Druzhinin, RIA-Novosti, Kremlin Pool Photo via AP

On the eve of President Trump's first meeting with Vladimir Putin, The Daily Beast reports the Trump administration is prepared to float a deal that would allow further U.S.-Russia cooperation in Syria, citing congressional sources and a White House official. Per the report, the plan...

Defending its ally Assad, Russia announced it would treat U.S. aircraft west of the Euphrates as targets, but communication channels have remained open to avoid clashes, indicating relations are not as tense as they were when the U.S. downed a Syrian aircraft.

The official Pentagon line is that the U.S. only wants to fight ISIS. Indeed, Secretary of Defense Mattis said last week he wants to set up "deconfliction" zones — but once ISIS is gone, the plan is less clear.

Secretary of State Rex Tillerson, who will be in the room on Friday, has said he wants to see if Russia and the U.S. can set up no-fly zones and other "joint mechanisms for ensuring stability."

This week Russia, Iran, and Turkey met in Kazakhstan to finalize four proposed de-escalation zones in the region, but they failed to reach an agreement, Reuters reports.

Although it's hard to predict what exactly Trump will say to Putin, The Daily Beast's takeaway is that "What Tillerson is describing, according to the senior official, is a tentative step—a confidence-boosting measure to explore whether the two longtime adversaries can work together to end the conflict."